Let’s consider an enterprise called EastAprons. EastAprons produces aprons and r
ID: 3593342 • Letter: L
Question
Let’s consider an enterprise called EastAprons. EastAprons produces aprons and resells accessories. EastAprons sells aprons and accessories to a network of customers (dealers throughout KSA and individual customers). It procures raw materials for aprons from a variety of suppliers, acquires ready-made accessories from a set of manufacturers and it has a network of investors and creditors that support its finance.
1. Propose a value system level model for EastAprons. [7marks]
Answer:
2. Assuming that the various activities that need to be performed in the manufacturing process are considered labor operations, draw an overall value chain level diagram.
3. Zoom-in on the previous value chain model to specify the paired events within each process showing that duality relationships are the glue that binds a firm’s separate economic events together into rational economic processes.
Explanation / Answer
The idea of the value chain is based on the process view of organisations, the idea of seeing a manufacturing (or service) organisation as a system, made up of subsystems each with inputs, transformation processes and outputs. Inputs, transformation processes, and outputs involve the acquisition and consumption of resources - money, labour, materials, equipment, buildings, land, administration and management. How value chain activities are carried out determines costs and affects profits.
Most organisations engage in hundreds, even thousands, of activities in the process of converting inputs to outputs. These activities can be classified generally as either primary or support activities that all businesses must undertake in some form.
The primary activities are:
Secondary activities are:
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.